Todd P. Anderson, CBRE senior managing director of global corporate services, who wrote the report with Michael M. Omiya, CFO of Boeing Realty Corporation, says that the changes are “a continuation of the effort to have greater financial transparency, in particular in the financial statements of publicly traded corporations.” According to Anderson, “In the absence of comparable sales, you have to figure out how to establish a value for your property.” Corporations should accomplish that before the end of the year when they are on deadline to complete tax and accounting responsibilities. “The corporate real estate department, if it understands what’s going on in the mark-to-market arena, can come in early and start to take a look at its properties and basically create an argument for why it is valuing properties the way it is,” Anderson concludes.